Multi-Year Agreements

  • Multi-Year Agreements

    Posted by Jim Haggard on August 30, 2023 at 7:59 am

    Our organization is in the Service line and has many multi-year vendor agreements. These are currently maintained outside of D365 F&O; however, we would like to integrate. Is there any user utilizing D365 F&O for multi-year agreements? If so, can you please provide your solution?

    Jim Haggard replied 3 weeks, 4 days ago 2 Members · 4 Replies
  • 4 Replies
  • Kelly Gustafson

    Moderator
    August 30, 2023 at 9:07 pm

    Hi Jim,

    Have you considered Purchase agreements? They have an Effective date and can have an Expiration date as well.

    • Jim Haggard

      Member
      August 31, 2023 at 1:25 pm

      We are in the process. How will this handle prepayments and recording of an accrual? We have just began the process

      • Kelly Gustafson

        Moderator
        September 5, 2023 at 2:11 pm

        Hi Jim,

        In the new Subscription Billing module, there is a process for handling Prepaids. I wrote a blog about this: D365FandO(m): Subscription Billing – Expense Deferrals (d365fandom.com) – it is AWESOME!

        Kelly

        • Jim Haggard

          Member
          September 7, 2023 at 10:49 am

          Kelly,

          Thank you for the information. For clarification, these are invoices from a vendor rather than from our organization. At a high level these are annual maintenace agreements.

Log in to reply.

Welcome to our new site!

Here you will find a wealth of information created for people  that are on a mission to redefine business models with cloud techinologies, AI, automation, low code / no code applications, data, security & more to compete in the Acceleration Economy!